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2101 Wallace Ave NE, Fort Payne, AL, 35967

2beds
1baths
1,185sqft
$200,000
$169price/sqft
$1,467/moest. monthly cost
$58,680/yrincome needed

About This Home

Escape to the peaceful beauty of Lookout Mountain with this charming 2-bedroom, 1-bath country home on 4.5 private acres +/-. Tucked away at the end of a long driveway, this property offers the privacy and tranquility you've been searching for while being just minutes from Little River Canyon and its outdoor recreation. The acreage provides plenty of room for gardening, raising animals, or creating your dream homestead or mini farm. A dedicated woodworking shop adds space for hobbies, storage, or projects. Enjoy the perfect blend of comfort, privacy, and potential.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

10/10
5/10
Fort Payne Middle SchoolGrades 6-83.8 mi
5/10
Fort Payne High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator,Dryer,Washer,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Carpet
  • Level: First
  • Area: 91

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Fireplace features: See Remarks

Heating & Cooling

  • Heating features: Electric,Propane,See Remarks
  • Cooling features: Electric,Other

Interior Area

  • Total interior livable area: 1,185 sqft

Kitchen

  • Features: Vinyl
  • Level: First
  • Area: 1

Living Room

  • Features: Carpet
  • Level: First
  • Area: 1

Master Bedroom

  • Features: Carpet,Walk-In Closet(s)
  • Level: First
  • Area: 195

Office

  • Features: LVP
  • Level: First
  • Area: 1

Property

Details

  • Parcel number: 2302100000008000

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Covered Porch,Front Porch
  • Exterior features: Sidewalk
  • Residential vegetation: Wooded

Lot

  • Lot size: 4.50 Acres
  • Features: Cleared

Parking

  • Parking features: Garage-One Car,Garage-Attached,Driveway-Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Drought
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,011$12,132
Home Insurance *$177$2,124
Property Taxes $39$468
Electricity $240$2,881
Total$1,467$17,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,297/yr
40% on housing$44,010/yr
45% on housing$39,120/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 35967$141
DeKalb County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 35967$137
DeKalb County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-06Listed for sale$200,000
2016-05-12Listing removed$79,900
2016-03-06Listed for sale$79,900

For Sale by Agent

AgentFrannie Poskochil
BrokerageDown Home Real Estate

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